Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India - 2023
Contents:
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India (CIF) - 2023
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India (FOB) - 2022
- Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India
- Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India (CIF) - 2023
In October 2023, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $4,796 per ton, falling by -53.7% against the previous month. Over the period under review, the import price showed a perceptible decline. The most prominent rate of growth was recorded in January 2023 an increase of 104% against the previous month. As a result, import price reached the peak level of $15,758 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to October 2023, the rate of growth in terms of prices for China amounted to -3.5% per month.
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $9,976 per ton, reducing by -14.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 21%. The export price peaked at $12,469 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($16,911 per ton), while the average price for exports to the United Arab Emirates ($5,812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India
In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard imported into India skyrocketed to 6.8K tons, growing by 74% against the previous year. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard soared to $41M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.6 | 14.6 | 17.2 | 23.3 | 19.7% |
| Germany | 5.5 | 3.9 | 4.8 | 4.0 | -10.1% |
| Others | 18.1 | 13.5 | 13.2 | 13.6 | -9.1% |
| Total | 37.2 | 32.0 | 35.2 | 40.9 | 3.2% |
Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to India in 2022:
- China (6.3K tons)
- Germany (0.1K tons)
Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India
In 2022, approx. 1.9K tons of machinery; parts of machinery for making or finishing paper or paperboard were exported from India; growing by 35% compared with the previous year. Overall, exports, however, saw a slight curtailment.
In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard surged to $19M in 2022. Over the period under review, exports, however, recorded a abrupt descent.
| Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.2 | 3.3 | 4.2 | 4.1 | -7.6% |
| China | 0.6 | 1.2 | 0.9 | 3.6 | 81.7% |
| Bangladesh | 0.6 | 0.4 | 0.4 | 2.2 | 54.2% |
| Germany | 1.1 | 0.7 | 0.5 | 1.2 | 2.9% |
| Sweden | 0.3 | 0.8 | 3.1 | 1.0 | 49.4% |
| Indonesia | 0.9 | 0.9 | 0.3 | 0.8 | -3.9% |
| United Arab Emirates | 0.5 | 0.4 | 0.5 | 0.7 | 11.9% |
| Brazil | 0.1 | 0.8 | N/A | 0.6 | 81.7% |
| Kenya | 1.5 | 0.2 | 0.2 | 0.5 | -30.7% |
| Sri Lanka | 0.1 | 0.4 | 0.2 | 0.5 | 71.0% |
| Nepal | 1.3 | 0.2 | 0.3 | 0.4 | -32.5% |
| Ethiopia | 1.1 | N/A | N/A | N/A | 0% |
| Estonia | 1.9 | 0.6 | N/A | N/A | -68.4% |
| Others | 7.9 | 5.4 | 5.7 | 3.4 | -24.5% |
| Total | 23.0 | 15.2 | 16.3 | 19.0 | -6.2% |
Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from India in 2022:
- China (368.9 tons)
- Bangladesh (345.8 tons)
- United States (303.9 tons)
- Germany (162.4 tons)
- United Arab Emirates (121.8 tons)
- Kenya (89.1 tons)
- Sweden (86.9 tons)
- Indonesia (73.2 tons)
- Sri Lanka (53.0 tons)
- Nepal (38.0 tons)
- Brazil (37.8 tons)
- Ethiopia (0.8 tons)
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